Rivian's Stock Dips as Q4 Electric Vehicle Deliveries Fall Short
  • 4 months ago
Rivian's stock fell during early trading after the company reported lower electric vehicle deliveries in the fourth quarter, though production increased. Rivian delivered 13,972 EVs in the fourth quarter, a 10.2% decrease from the previous quarter but in line with analyst expectations of around 14,000 vehicles. Rivian exceeded its full-year 2023 production guidance by manufacturing 57,232 vehicles, with 17,541 EVs in the fourth quarter.
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